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Nonprofit · EIN 84-2453611

KENSINGTON CORRIDOR TRUST

Tax-exempt · PHILADELPHIA, PA 19134

Financials

$1.2M$903K2023$976K$1.1M2024$1.4M$1.4M2025
Revenue Expenses · by fiscal year end
Financials of KENSINGTON CORRIDOR TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,381,894$1,414,749-$32,855$11,662,917$11,432,153$230,764
December 31, 2024990$976,152$1,098,767-$122,615$11,263,009$10,999,390$263,619
December 31, 2023990$1,181,289$903,179$278,110$6,060,165$5,673,931$386,234
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,011,224
Program service revenue
$2,800
Investment income
$72,963
Net rental income
$294,407
Other revenue
$294,907

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$152,255
Other salaries and wages
$328,325
Salaries, compensation and benefits (total)
$540,830
Professional fundraising fees
$0
Legal fees
$71,450
Accounting fees
$23,410
Travel
$13,200
Depreciation
$106,611
Program services (functional)
$1,189,176
Management and general (functional)
$118,630
Fundraising (functional)
$106,943

Balance sheet and other

Total assets, start of year
$11,263,009
Total assets, end of year
$11,662,917
Total liabilities, end of year
$11,432,153
Net assets, end of year
$230,764
Land, buildings and equipment
$8,226,090
Net assets without donor restrictions
-$244,236
Net assets with donor restrictions
$475,000
Gross receipts
$1,381,894
Employees
6
Year formed
2022
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Adriana Abizadeh-BarbourExecutive Director40$152,254$5,000
Damon BainDirector
Trustee or director
2$0$0
Darlene BurtonDirector
Trustee or director
2$0$0
John ChunSecretary
Trustee or director, Officer
2$0$0
Jimmy DuranTreasurer
Trustee or director, Officer
2$0$0
Tess DonieDirector
Trustee or director
2$0$0
Alexander RoblesChairman
Trustee or director, Officer
2$0$0
Tayyib SmithDirector
Trustee or director
2$0$0
Sarah St ClairDirector
Trustee or director
2$0$0
Brenda MosleyDirector
Trustee or director
2$0$0
990 for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensation
Adriana Abizadeh-BarbourExecutive Director40$149,212
Damon BainDirector
Trustee or director
2$0
Jonathan ArrietaDirector
Trustee or director
2$0
Darlene BurtonDirector
Trustee or director
2$0
John ChunSecretary
Trustee or director, Officer
2$0
Jimmy DuranTreasurer
Trustee or director, Officer
2$0
Tess DonieDirector
Trustee or director
2$0
Zor MontesDirector
Trustee or director
2$0
Alexander RoblesChairman
Trustee or director, Officer
2$0
Tayyib SmithDirector
Trustee or director
2$0
Sarah St ClairDirector
Trustee or director
2$0
Brenda MosleyDirector
Trustee or director
2$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Adriana AbizadehExecutive Director40$141,200
Jonathan ArrietaDirector
Trustee or director
2$0
Darlene BurtonDirector
Trustee or director
2$0
Charles EvansDirector
Trustee or director
2$0
Juan PerezDirector
Trustee or director
2$0
Tayyib SmithDirector
Trustee or director
2$0
John ChunSecretary
Officer
2$0
Jimmy DuranTreasurer
Officer
2$0
Alexander RoblesChairman
Officer
2$0

Address and contacts

Address (IRS master file)
3400 J ST STE G12, PHILADELPHIA, PA 19134-1471
In care of
% CASEY ODONNELL
Mailing address (990-N for 2021)
3400 J Street Unit G12, PHILADELPHIA PA 19134
Principal officer (990 for 2025)
Adriana Abizadeh-Barbour
Principal officer (990-N for 2021)
Adriana Abizadeh, 3400 J Street Unit G12, PHILADELPHIA PA 19134
Signed the 990
Adriana Abizadeh-Barbour, Executive Dir.
Phone
(267) 428-6299
Return prepared by
Morey Nee Tobias & Oswald LLC

Mission

UTILIZE COLLECTIVE OWNERSHIP TO DIRECT INVESTMENTS ON THE CORRIDOR THAT PRESERVE CULTURE AND AFFORDABILITY WHILE BUILDING NEIGHBORHOOD POWER AND WEALTH IN KENSINGTON.

990 for the year ended December 31, 2025

Program accomplishments

  • The program expenses are allocated towards driving stability and economic prosperity in the Kensington neighborhood involving the development of physical space to preserve affordability in the neighborhood and advance collective ownership.
    Expenses $1,189,176 · revenue $1,305,631

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-2453611
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,662,917
Income (IRS master file)
$1,381,894

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,381,894$1,414,749$11,662,917XML
990December 2024$976,152$1,098,767$11,263,009XML
990December 2023$1,181,289$903,179$6,060,165XML
990December 2022$238,939$534,659$1,754,479IRS
990-N for 2021
Officer: Adriana Abizadeh
December 31, 2021≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-2453611).

Questions about KENSINGTON CORRIDOR TRUST

What is the EIN of KENSINGTON CORRIDOR TRUST?
The employer identification number (EIN) of KENSINGTON CORRIDOR TRUST is 84-2453611.
Is KENSINGTON CORRIDOR TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to KENSINGTON CORRIDOR TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KENSINGTON CORRIDOR TRUST file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KENSINGTON CORRIDOR TRUST due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KENSINGTON CORRIDOR TRUST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of KENSINGTON CORRIDOR TRUST?
The 990 for the year ended December 31, 2025 names Adriana Abizadeh-Barbour.
Who are the officers and directors of KENSINGTON CORRIDOR TRUST?
The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $152,254 (Adriana Abizadeh-Barbour, Executive Director).
How much revenue does KENSINGTON CORRIDOR TRUST have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,381,894, expenses of $1,414,749 and total assets of $11,662,917 at year end.

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